global economy

What the “Vanishing Corporation” means for Economic Development

What the “Vanishing Corporation” means for Economic Development

We posted Friday about the write-up we did for the New York State Economic Development Council (NYSEDC) on their discussion for improving START-UP NY.  The same conference featured a discussion of Jerry Davis’s work, the Vanishing Corporation.  NYSEDC asked us to produce a summary of the discussion and the issues Davis’s theses raise for economic […]

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The Changing Geography of Asian Americans

The Changing Geography of Asian Americans

Over at New Geography Joel Kotkin and Wendell Cox have a piece about the changing residential patterns among Asian Americans and how those changes could affect the US economy: Asia is now the largest source of legal immigrants to the U.S., constituting 40% of new arrivals in 2013. They are the country’s highest-income, best-educated and fastest-growing […]

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The Chinese Approach to Innovation

The Chinese Approach to Innovation

Forbes has an overview of the state of innovation in the Chinese economy.  Most discussions about economic innovation center around questions of technological innovation.  However, authors George Yip and Bruce McKern point out that the Chinese are focused on a number of different types of innovation beyond technology.  They include: Cost innovation: China’s first advantage […]

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US Colleges Continue to Court Chinese Students

US Colleges Continue to Court Chinese Students

According to the Wall Street Journal, Amherst College in western Massachusetts is among the increasing number of US colleges seeking to raise their profile in China: Amherst’s rising interest in China comes as a growing number of U.S. colleges, including New York University and Duke University, are branching out in the world’s second-largest economy. But […]

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Chinese Bubble in the Offing?

Chinese Bubble in the Offing?

That’s the speculation in a recent posting by Bob Davis of the Wall Street Journal: One of the most striking facts unearthed by the International Monetary Fund in its recent review of China’s economy was how much of a risk Beijing was taking by not aggressively deflating its credit bubble. IMF economists looked at 43 […]

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“Regional Champions” are important to Economic Growth

“Regional Champions” are important to Economic Growth

That’s the findings of several recent scholarly papers highlighted by the State Science and Technology Institute.  Here is one of the more interesting points raised by the research:  [According] to the authors’ analysis it is not high-technology concentration that fuels job creation, but growth in high-technology concentration that matters most. This challenges the common view […]

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